Readcloud Share Price and Company Fundamentals
Last traded: Last Friday at 5:52 AM
ReadCloud Limited provides eLearning software and industry-based training solutions to schools and educational institutions in Australia. The company offers eBook platform that delivers digital content to students and teachers with ability to make commentary in and import third party content into eBooks. Its eBooks allows students and teachers to share notes, questions, videos, and web links directly inside the eBooks turning the eBook into a place for discussion, collaboration, and social learning. In addition, the company's ReadCloudVET enables the delivery of approximately 50 qualifications across specialist registered training organizations (RTOs) in vocational education and training courses delivered to schools. Further, it provides Southern Solutions Training Services, an RTO that delivers training models in the workplace environment for 14 qualifications, such as early childhood education and care, business, aged care, hospitality, logistics, and real estate. Additionally, the company sells and licenses approximately 200,000 eBooks. ReadCloud Limited was incorporated in 2009 and is headquartered in Brighton, Australia.
Key Metrics
PE ratio
-
PB ratio
0.89
Dividend yield
0.00%
Beta
1.42
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Software—Application / Technology |
|---|---|
| Website | https://readcloud.com |
| Mailing address | 126 Church Street Level 1 Brighton VIC 3186 Australia |
| Phone / Fax | 61 3 9078 4833 / 61 3 9077 9233 |
Dividends
More: Readcloud Dividend history, yield and payout ratio
Dividend yield
0.00%
Dividend amount
$0.00
Payout ratio
0.00%
Readcloud paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RCL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
RCL's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Readcloud.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Andrew Skelton | Chief Executive Officer | 413.21k | |
| Mr. Lars Peder Lindstrom | Co-Founder & Executive Director | 191.86k | |
| Mr. Luke Murphy | CFO & Company Secretary | 229k | |
| Mr. Darren Andrew Hunter | Executive Director & Chief Information Officer | 260k |
Profitability and management effectiveness
Profit margin
-21.75%
Operating margin
-149.35%
Return on assets
-10.52%
Return on equity
-22.88%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Readcloud is and its enterprise value is .
The RCL's stocks Beta value is 1.42 making it 42% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Readcloud (ASX:RCL) Frequently Asked Questions
1. What is Readcloud's Stock Symbol?
Readcloud trades on ASX under the ticker symbol "RCL".
2. What is Readcloud's stock price today?
One share of RCL stock can currently be purchased for approximately $0.059.
3. How can I contact Readcloud?
Readcloud's mailing address is 126 Church Street Level 1 Brighton VIC 3186 Australia. The company can be reached via phone at 61 3 9078 4833.
4. What is Readcloud's official website?
The official website of Readcloud is https://readcloud.com.